Mergers & Acquisitions
By The Online Investor Staff, updated Tue., Aug. 9, 4:06 AM
| This Slide: #3 of 100 |
Slide #3. Arthur J. Gallagher& Co. — Denver Agency
Acquirer:
Arthur J. Gallagher& Co. (NYSE:AJG)
Acquiree:
Denver Agency
Details:
Arthur J. Gallagher & Co. today announced the acquisition ofDenver, Colorado-based Denver Agency. Terms of the transaction were not disclosed.
Gallagher (Arthur J.) is a holding company. Through its subsidiaries, Co. provides insurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to businesses and organizations. Co.'s segments are: brokerage, which is mainly comprised of its retail and wholesale insurance brokerage operations; risk management, which provides contract claim settlement and administration services for enterprises and public entities that choose to self-insure their property/casualty coverages and for underwriting enterprises that choose to outsource their property/casualty claims departments; and corporate, which manages its clean energy and other investments.
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Avg. Broker Rec.
 
|
Buy (3.20 out of 4) 31st percentile
(ranked lower than approx. 69% of all stocks covered)
Analysts' Target Price: AJG Stock Forecast Based on Zacks ABR data; powered by Xignite |
